--- title: Residential and Commercial Real Estate Blog | Finance description: Finance | S&D Realty Commercial Real Estate Blog --- - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Forms](https://sdnyrealty.com/forms/) -   [![S&D Commercial Real Estate Agency](https://blog.sdnyrealty.com/hs-fs/hubfs/S__D_Real_Estate_January2019/images/sd-original-logo_300px.png?width=300&height=194&name=sd-original-logo_300px.png "S&D Commercial Real Estate Agency")](https://sdnyrealty.com/) - [About](https://sdnyrealty.com/long-island-commercial-real-estate-firm/) - [Agents](https://sdnyrealty.com/long-island-real-estate-agents/) - [Listings](https://sdnyrealty.com/property-listings/) - [Property Management](https://sdnyrealty.com/property-management-company/) - [Resources](https://sdnyrealty.com/real-estate-resources/) - [Neighborhood Guide](https://sdnyrealty.com/neighborhood-guide/) - [Long Island](https://sdnyrealty.com/long-island-commercial-real-estate/) - [Nassau County](https://sdnyrealty.com/nassau-county-commercial-real-estate/) - [Bethpage](https://sdnyrealty.com/bethpage-commercial-real-estate/) - [Farmingdale](https://sdnyrealty.com/farmingdale-commercial-real-estate/) - [Franklin Square](https://sdnyrealty.com/franklin-square-commercial-real-estate/) - [Garden City](https://sdnyrealty.com/garden-city-commercial-real-estate/) - [Glen Cove](https://sdnyrealty.com/glen-cove-commercial-real-estate/) - [Hempstead](https://sdnyrealty.com/hempstead-commercial-real-estate/) - [Hicksville](https://sdnyrealty.com/hicksville-commercial-real-estate/) - [Long Beach](https://sdnyrealty.com/long-beach-commercial-real-estate/) - [Mineola](https://sdnyrealty.com/mineola-commercial-real-estate/) - [Rockville Centre](https://sdnyrealty.com/rockville-centre-commercial-real-estate/) - [Suffolk County](https://sdnyrealty.com/suffolk-county-commercial-real-estate/) - [Babylon](https://sdnyrealty.com/suffolk-county-commercial-real-estate/babylon-commercial-real-estate/) - [Brookhaven](https://sdnyrealty.com/brookhaven-commercial-real-estate/) - [Hauppauge](https://sdnyrealty.com/hauppauge-commercial-real-estate/) - [Huntington](https://sdnyrealty.com/huntington-commercial-real-estate/) - [Islip](https://sdnyrealty.com/islip-commercial-real-estate/) - [Melville](https://sdnyrealty.com/melville-commercial-real-estate/) - [Riverhead](https://sdnyrealty.com/riverhead-commercial-real-estate/) - [Smithtown](https://sdnyrealty.com/smithtown-commercial-real-estate/) - [Southampton](https://sdnyrealty.com/southampton-commercial-real-estate/) - [Consulting Services](https://sdnyrealty.com/consulting-services/) - [Property Appraisal Services](https://sdnyrealty.com/property-appraisal/) - [Zoning Regulations](https://sdnyrealty.com/zoning-regulations/) - [Forms](https://sdnyrealty.com/forms/) - [Veterans & Military Housing](https://sdnyrealty.com/veterans-military-housing/) - [Join our Program](https://sdnyrealty.com/veterans-military-housing/#apply-now) - [Forms & Applications](https://sdnyrealty.com/forms/) - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Blog](https://blog.sdnyrealty.com/blog) - [Contact](https://sdnyrealty.com/contact/) # Finance [![What is a Reverse Mortgage Loan, and How does it Work?](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Reverse%20Mortgage.jpg?width=810&name=Reverse%20Mortgage.jpg)](https://blog.sdnyrealty.com/blog/reverse-mortgage-loan) # [What is a Reverse Mortgage Loan, and How does it Work?](https://blog.sdnyrealty.com/blog/reverse-mortgage-loan) If you’re a homeowner over 62 and in need of extra funds, perhaps it’s time to consider taking out a reverse mortgage. Unfortunately, if you aren’t a real estate or lending professional, you may not be as familiar with this practice. To help you make an educated decision about your financial future, here’s everything you need to know. - April 25, 2018 - [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [Mortgage](https://blog.sdnyrealty.com/blog/topic/mortgage) [Read More](https://blog.sdnyrealty.com/blog/reverse-mortgage-loan) [![How to Get Started with Residential Real Estate Investing](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Residential%20Real%20Estate%20Investing.jpg?width=810&name=Residential%20Real%20Estate%20Investing.jpg)](https://blog.sdnyrealty.com/blog/residential-real-estate-investing) # [How to Get Started with Residential Real Estate Investing](https://blog.sdnyrealty.com/blog/residential-real-estate-investing) Over the long term, investing in residential real estate is one of the most productive and effective ways to grow your wealth. However, to actually find success in this field, there’s a whole lot that you need to learn first. Make sure you check out these savvy ways that you can get started with residential real estate investing. - December 20, 2017 - [Buying](https://blog.sdnyrealty.com/blog/topic/buying), [residential real estate](https://blog.sdnyrealty.com/blog/topic/residential-real-estate), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [investment property](https://blog.sdnyrealty.com/blog/topic/investment-property) [Read More](https://blog.sdnyrealty.com/blog/residential-real-estate-investing) [![How to Refinance your Property’s Mortgage Loan](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/How%20to%20Refinance.jpg?width=810&name=How%20to%20Refinance.jpg)](https://blog.sdnyrealty.com/blog/how-to-refinance) # [How to Refinance your Property’s Mortgage Loan](https://blog.sdnyrealty.com/blog/how-to-refinance) Whether you are looking to reduce payments, lower your interest rate, change mortgage companies or take out cash for a large purchase, a mortgage loan is a productive way to save money—but only if you take the right steps. Start by consulting this guide to figure out exactly how to refinance your mortgage. - December 13, 2017 - [residential real estate](https://blog.sdnyrealty.com/blog/topic/residential-real-estate), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [Mortgage](https://blog.sdnyrealty.com/blog/topic/mortgage), [Refinancing](https://blog.sdnyrealty.com/blog/topic/refinancing) [Read More](https://blog.sdnyrealty.com/blog/how-to-refinance) [![Why Homeowner’s Insurance is Essential for Property Owners](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/homeowner's%20insurance.jpg?width=810&name=homeowner's%20insurance.jpg)](https://blog.sdnyrealty.com/blog/homeowners-insurance) # [Why Homeowner’s Insurance is Essential for Property Owners](https://blog.sdnyrealty.com/blog/homeowners-insurance) There are many incredibly important steps that a prospective buyer must take on their way to purchasing a new home. Some are familiar, others aren’t. Nevertheless, they must all be undertaken with the utmost attention and deliberation when considering the consequences. Just think about what can go wrong if you don’t have a homeowner’s insurance\[…\] - August 02, 2017 - [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [property insurance](https://blog.sdnyrealty.com/blog/topic/property-insurance), [Mortgage](https://blog.sdnyrealty.com/blog/topic/mortgage), [insurance](https://blog.sdnyrealty.com/blog/topic/insurance), [homeowner’s insurance](https://blog.sdnyrealty.com/blog/topic/homeowners-insurance) [Read More](https://blog.sdnyrealty.com/blog/homeowners-insurance) [![Setting a House Sale Price that will get your Property Sold](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/House%20Sale.jpg?width=810&name=House%20Sale.jpg)](https://blog.sdnyrealty.com/blog/house-sale) # [Setting a House Sale Price that will get your Property Sold](https://blog.sdnyrealty.com/blog/house-sale) If you’re looking to get your home sold in a timely manner, it’s important that you set a reasonable, attainable sales price to interest and attract potential buyers. Depending on your individual property, there are several factors that can determine your house sale price. - March 30, 2017 - [residential real estate](https://blog.sdnyrealty.com/blog/topic/residential-real-estate), [Selling](https://blog.sdnyrealty.com/blog/topic/selling), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [house sale](https://blog.sdnyrealty.com/blog/topic/house-sale) [Read More](https://blog.sdnyrealty.com/blog/house-sale) [![How an Interest Rate Hike Can Affect Homebuyers and Owners](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Interest%20Rate%20Hike.jpg?width=810&name=Interest%20Rate%20Hike.jpg)](https://blog.sdnyrealty.com/blog/interest-rate-hike) # [How an Interest Rate Hike Can Affect Homebuyers and Owners](https://blog.sdnyrealty.com/blog/interest-rate-hike) In December of 2016, the Federal Reserve decided to increase the key overnight bank lending rate by a quarter of a percent for only the second time since the 2008 financial crisis. It may not seem like much, and it may only be a short-term deal, but this will produce major consequences for the housing market and affect long-term loan rates for\[…\] - March 09, 2017 - [Buying](https://blog.sdnyrealty.com/blog/topic/buying), [residential real estate](https://blog.sdnyrealty.com/blog/topic/residential-real-estate), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [interest rate](https://blog.sdnyrealty.com/blog/topic/interest-rate) [Read More](https://blog.sdnyrealty.com/blog/interest-rate-hike) [![A Buyer’s Guide to Financing a Commercial Building](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/commercial%20building.jpg?width=810&name=commercial%20building.jpg)](https://blog.sdnyrealty.com/blog/financing-a-commercial-building) # [A Buyer’s Guide to Financing a Commercial Building](https://blog.sdnyrealty.com/blog/financing-a-commercial-building) One of the most important steps to buying commercial property is securing the necessary payments and funding to complete the transaction. With an undertaking of this magnitude, it’s essential that you practice due diligence in financing your commercial building. Whether you’re an investor, business owner or landlord, use this guide to learn how\[…\] - December 22, 2016 - [commercial buildings](https://blog.sdnyrealty.com/blog/topic/commercial-buildings), [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property), [buying commercial real estate](https://blog.sdnyrealty.com/blog/topic/buying-commercial-real-estate-2), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) [Read More](https://blog.sdnyrealty.com/blog/financing-a-commercial-building) [![Measuring the Necessity of Renters Insurance](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/renters_insurance.jpg?width=810&name=renters_insurance.jpg)](https://blog.sdnyrealty.com/blog/measuring-the-necessity-of-renters-insurance) # [Measuring the Necessity of Renters Insurance](https://blog.sdnyrealty.com/blog/measuring-the-necessity-of-renters-insurance) When renting property, a landlord or the homeowner will usually cover maintenance expenses and resolve most problems. However, what happens if there’s a robbery or a fire? Contrary to popular belief, some accidents that may arise aren’t the responsibility of the landlord. For protection from those incidents, there’s renters insurance. - September 14, 2016 - [lease](https://blog.sdnyrealty.com/blog/topic/lease), [Renting](https://blog.sdnyrealty.com/blog/topic/renting), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [insurance](https://blog.sdnyrealty.com/blog/topic/insurance) [Read More](https://blog.sdnyrealty.com/blog/measuring-the-necessity-of-renters-insurance) [![Easy Ways to Cut Expenses when Owning Rental Property](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Owning_Rental_Property.jpg?width=810&name=Owning_Rental_Property.jpg)](https://blog.sdnyrealty.com/blog/easy-ways-to-cut-expenses-when-owning-rental-property) # [Easy Ways to Cut Expenses when Owning Rental Property](https://blog.sdnyrealty.com/blog/easy-ways-to-cut-expenses-when-owning-rental-property) Owning rental property is usually a sound financial investment. Besides all the money you’ll save by becoming your own landlord, there are still costs and expenses that people never even think of when they take on this responsibility. But if you have the right knowledge to make informed financial decisions, it won’t be difficult to yield a\[…\] - July 15, 2016 - [Renting](https://blog.sdnyrealty.com/blog/topic/renting), [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [Mortgage](https://blog.sdnyrealty.com/blog/topic/mortgage), [investment property](https://blog.sdnyrealty.com/blog/topic/investment-property), [Summer](https://blog.sdnyrealty.com/blog/topic/summer), [rental property](https://blog.sdnyrealty.com/blog/topic/rental-property) [Read More](https://blog.sdnyrealty.com/blog/easy-ways-to-cut-expenses-when-owning-rental-property) [![How to Make the Most of a Mixed Use Property](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Mixed_Use_Property.jpg?width=810&name=Mixed_Use_Property.jpg)](https://blog.sdnyrealty.com/blog/mixed-use-property/) # [How to Make the Most of a Mixed Use Property](https://blog.sdnyrealty.com/blog/mixed-use-property/) As a first-time investor in Long Island real-estate it can be difficult to decide which type of property you would like to invest in. Buying commercial property in the right location can yield significant returns, but the initial cost may be too great. Residential properties might not be as profitable as commercial properties, but they do have\[…\] - March 13, 2015 - [Finance](https://blog.sdnyrealty.com/blog/topic/finance), [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) [Read More](https://blog.sdnyrealty.com/blog/mixed-use-property/) --- [All posts](https://blog.sdnyrealty.com/blog/all) [Next](https://blog.sdnyrealty.com/blog/topic/finance/page/2) ### Blog Search ### Recent Posts [![Click Here to Join our Newsletter](https://no-cache.hubspot.com/cta/default/432922/19f66de0-1cba-45a5-a498-016133232e0e.png)](https://cta-redirect.hubspot.com/cta/redirect/432922/19f66de0-1cba-45a5-a498-016133232e0e) ### Topics - [residential real estate (65)](https://blog.sdnyrealty.com/blog/topic/residential-real-estate) - [commercial real estate (48)](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) - [Buying (40)](https://blog.sdnyrealty.com/blog/topic/buying) - [Tips (36)](https://blog.sdnyrealty.com/blog/topic/tips) - [Renting (23)](https://blog.sdnyrealty.com/blog/topic/renting) - [Selling (20)](https://blog.sdnyrealty.com/blog/topic/selling) - [Mortgage (15)](https://blog.sdnyrealty.com/blog/topic/mortgage) - [commercial property (15)](https://blog.sdnyrealty.com/blog/topic/commercial-property) - [lease (15)](https://blog.sdnyrealty.com/blog/topic/lease) - [office (14)](https://blog.sdnyrealty.com/blog/topic/office) - [Finance (13)](https://blog.sdnyrealty.com/blog/topic/finance) - [buying a house (12)](https://blog.sdnyrealty.com/blog/topic/buying-a-house) ### Follow Us Find helpful blogs of both residential and commercial real estate on Long Island. For more questions, feel free to contact us at [info@sdnyrealty.com](mailto:info@sdnyrealty.com)   - [About](https://sdnyrealty.com/long-island-commercial-real-estate-firm/) - [Listings](https://sdnyrealty.com/property-listings/) - [Property Management](https://sdnyrealty.com/property-management-company/) - [Resources](https://sdnyrealty.com/real-estate-resources/) - [Veterans & Military Housing](https://sdnyrealty.com/veterans-military-housing/) - [Blog](https://blog.sdnyrealty.com/blog) - [Contact](https://sdnyrealty.com/contact/) [![S&D](https://blog.sdnyrealty.com/hubfs/S__D_Real_Estate_January2019/images/sd-original-logo_150px.png)](https://sdnyrealty.com/) Full-service real estate and property management firm serving Long Island and the NY Metropolitan Area since 1949. ### Contact Info - [27 E Jericho Turnpike Suite 2 Mineola NY 11501](https://www.google.com/maps?rlz=1C1CHBF_enUS811US811&q=Smith+and+Degroat+Real+Estate+%7C+Commercial+Real+Estate+Agency+Long+Island&stick=H4sIAAAAAAAAAONgecSYyS3w8sc9YamESWtOXmOM4uIKzsgvd80rySypFPLhYoOyFLj4pbj10_UNS7KyCi2NijQYpHi5kAWkFJS4eDfoeUmIhqTJXNES4hS3q1nzuf1Qp-DPz9cyDTS_RPAAAClF56FuAAAA&biw=2560&bih=938&um=1&ie=UTF-8&sa=X&ved=0ahUKEwjQovbckObdAhXsYd8KHVqGBC4Q_AUIDigB) [516-248-6905](tel:1-516-248-6905) ### Listings [699 Nassau Rd, Uniondale NY, 11553](https://blog.sdnyrealty.com/blog/home-appraisal) $649,000 1783 SF Mixed-Use [![699 Nassau Rd, Uniondale NY, 11553](https://blog.sdnyrealty.com/hubfs/S__D_Real_Estate_January2019/images/699-Nassau-Rd-Uniondale-Featured-IMG-380x280.jpg)](https://smithandd.staging.wpengine.com/property/699-nassau-rd-uniondale-ny-11553/) [310 Willis Avenue, Mineola NY, 11501](https://blog.sdnyrealty.com/blog/tenants-rights) $750,000 3525 SF Commercial, Office [![310 Willis Avenue, Mineola NY, 11501](https://blog.sdnyrealty.com/hubfs/S__D_Real_Estate_January2019/images/310-Willis-Avenue-Mineola-Featured-IMG-380x280.jpg)](https://smithandd.staging.wpengine.com/property/310-willis-avenue-mineola-ny-11501/) ### Newsletter Subscribe to our newsletter for expert tips, exclusive listings and more!   **Disclaimer:** The information herein does not constitute an offer, representation, or warranty, and S&D Real Estate cannot guarantee the completeness or accuracy of any information contained herein. 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